Illinois General Assembly - Full Text of HB5016
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Full Text of HB5016  97th General Assembly

HB5016sam002 97TH GENERAL ASSEMBLY

Sen. Kirk W. Dillard

Filed: 5/2/2012

 

 


 

 


 
09700HB5016sam002LRB097 18247 CEL 69134 a

1
AMENDMENT TO HOUSE BILL 5016

2    AMENDMENT NO. ______. Amend House Bill 5016, AS AMENDED, in
3Section 5, Sec. 2, by replacing the paragraph beginning ""Debt
4buyer"" with the following:
5    ""Debt buyer" means a person or entity that is engaged in
6the business of purchasing delinquent or charged-off consumer
7loans or consumer credit accounts or other delinquent consumer
8debt for collection purposes, whether it collects the debt
9itself or hires a third-party for collection or an
10attorney-at-law for litigation in order to collect such debt.".